Ordinance O2025-0015545 - Chicago Councilmatic

Sale of vacant City-owned property "as-is" at 7524 S Emerald Ave to Academic Adventure Academy LLC

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Chicago is selling 7524 South Emerald Avenue to Academic Adventure Academy, LLC for $8,637, credited for a $10,260 Phase II Assessment finding no contamination. The firm plans a landscaped open space and playlot. The Chicago Tribune's public notice received no alternatives. The ordinance approves the 'as is' sale, with a six-month closing deadline, Mayor's authorization, and immediate effect.

	Sponsor	Ward
	Johnson, BrandonPrimary Sponsor

History

Date	Legislative body	Action
Date 2025-03-12	Legislative body Chicago City Council	Action Passed
Date 2025-03-05	Legislative body Committee on Housing and Real Estate	Action Recommended to Pass
Date 2025-02-19	Legislative body Chicago City Council	Action Referred
Date 2025-02-19	Legislative body Chicago City Council	Action Introduced

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Additional Documents

O2025-0015545 EDS.pdf
O2025-0015545 Exhibit A - Legal Description.pdf
O2025-0015545 Exhibit B - Quitclaim Deed and Use Restriction.pdf
O2025-0015545 Transmittal Letter.pdf

Ordinance O2025-0015545 Passed

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History

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